Or, given a proposal for change, how do I know it’s a good one?
Dangerous answer: “Because it has a good ROI”
Too often, ROI is used as a tool to justifying changes of questionable benefit. Grandiose schemes, off-the-shelf solutions, restructurings, divestments – we’ve all seen them. It’s not always terrible, but we can do better!
A better answer: “Faster, better, cheaper – pick three”
Changes that promote early feedback tend to improve both speed and quality, but cheaper? Don’t overlook the biggest cost of all, namely opportunity cost – another way of saying that overall benefit to the business must be a primary concern. And if the economics still don’t work, keep trying! Perhaps you can implement your change incrementally, working on the next small change as the previous one proves itself and the system adjusts to a “new normal”.
To see this in action, a couple of real examples:
- The sign-off that takes weeks of chasing to complete, never yielding any benefit in quality. Better? That was the intention, sadly not realised in practice, a situation tolerated for years. Faster? Quite the opposite. Cheaper? Again no.
- The deployment scripts that take not just “20% time” but hard, scheduled effort to develop. Yes there’s a cost, but the value of being able to deploy quickly, reliably and (let’s say) opportunistically is very significant. Faster? Definitely. Better? Check. Cheaper? Absolutely!
Even better than “pick three” is “pick four!”, where the fourth element is a compass check, looking for alignment to wider vision, goals, or values. Good values make for quick tests: the first example above might have been rejected on the grounds that was likely to add complexity, discourage collaboration and disperse accountability.
What’s your experience? Do you live in a world of ROI-driven change, and what is that like? Is your team good at finding improvements that make your process better, faster and cheaper? What happens when change is in conflict with wider concerns? Are those values made explicit?